CapBay uses a proprietary credit-scoring algorithm to connect investors, banks, SMEsEndeavor, the global platform established to nurture high-impact entrepreneurs, has chosen Malaysian fintech CapBay in its latest selection, announced at the 40th Virtual International Selection Panel."CapBay's founders are an impressive group with a clear, admirable, and purposeful narrative.
CapBay, co-founded by Ang Xing Xian, Darrel Ang, and Edwin Tan, operates a finance platform that connects investors, banks, and small-to-medium-sized enterprises in need of finances. Using a proprietary credit-scoring algorithm, CapBay facilitates lending processes, providing necessary financial support for SMEs, while delivering high-quality financing options for banks and investors.
CapBay's selection also benefits the wider Malaysian entrepreneurial ecosystem by highlighting the potential and competitiveness of local startups, especially within the fintech sector, at a global level. Endeavor's ongoing support of high-impact entrepreneurship worldwide leads to the success of companies like CapBay, exemplifying the power of effective mentorship, networking, and support in accelerating the growth of startups.
Source: Loan Digest (loandigest.net)
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